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Arbitrum (ARB) and Cardano (ADA) Show Gains in Crypto Market

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by Giorgi Kostiuk

an hour ago


Recent trends in the crypto market have led to a noticeable price increase for Arbitrum and Cardano. Both projects continue to attract trader attention for different reasons.

Arbitrum Rally: 50% Gain and Challenges

Arbitrum (ARB) surged about 50% following Ethereum’s upward movement, briefly crossing the $1 mark. Traders are now watching if ARB can hold above $0.85, which has become a key support level.

Data shows higher trading volume during the rally, but much of it came from short covering and speculation. Without sustained network adoption, ARB risks slipping back to earlier ranges. Optimism about Layer-2 solutions supports this trend, but lasting gains require steady usage and ecosystem integration.

Cardano Price Forecast: Strong Foundation

Cardano (ADA) has shown resilience through recent volatility. Despite market stress, ADA has preserved critical support levels, confirmed by bullish indicators from moving averages and steady trading volume. Chart structure indicates long-term stability.

Cardano’s ecosystem development and staking growth add strength beyond mere sentiment. While it may not deliver explosive gains like momentum-driven coins, ADA provides reliability and strategic growth potential, appealing to traders in an unpredictable market.

Cold Wallet: Referral System and Growth

Unlike speculative coins, Cold Wallet focuses on utility and growth. Its referral system rewards both the user inviters and newcomers, creating a cycle that drives further adoption.

Currently priced at $0.00998 in Stage 17, Cold Wallet has raised $6.3 million and sold over 740 million tokens. Unlike coins that rely on whale moves or hype, Cold Wallet thrives on activity, with cashback rewards earned through usage enhancing the platform's value.

The recent surge of Arbitrum highlights the excitement around momentum trading but raises sustainability concerns. Cardano's consistent foundation keeps it reliable, offering a calmer path forward. However, Cold Wallet emphasizes fundamentals, creating a growth and value-driven system through real usage.

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